Financiando el transporte sustentable para México
Summary
This report by the Climate Bonds Initiative provides a guide on utilizing green and sustainable bonds to finance low-carbon transport in Mexico. It highlights the sector's role as a primary source of greenhouse gas emissions in the country and identifies specific investment opportunities in electric mobility, public transit, and freight logistics to meet national climate goals.
Key insights
- The transport sector is the largest source of greenhouse gas (GHG) emissions in Mexico, accounting for 25.1% of total national emissions. Approximately 90% of these emissions are generated by road transport, and 48% of Mexico's energy demand is used for transporting people and goods.
- Mexico has set a target to reduce black carbon (soot) emissions by 51% by the year 2030. The transport sector is a critical driver of these emissions, contributing 38% of the country's black carbon.
- The Mexican automotive industry contributes approximately 3.6% of the national GDP. While hybrid and electric vehicle sales are growing—representing 1.66% of light vehicle sales between January and July 2020—the report notes that current production plans are not sufficiently ambitious to align with the Paris Agreement.
- Significant sustainable transport projects are underway in Mexico, including the 'Nueva ruta para autobuses eléctricos en Eje 8' in Mexico City (estimated cost of $115 million for Phase 1 and $90 million for Phase 2), the Line 3 light rail in Guadalajara (costing 32 billion Mexican pesos), and the Mexico-Toluca train (investment of approximately 90 billion Mexican pesos).
- The private sector is also investing in electric fleets; for example, Bimbo plans to invest approximately $146 million through its subsidiary Moldex to manufacture 4,000 electric units over four years, powered by the Piedra Larga wind farm in Oaxaca.
- Green and sustainable bonds have been used in Mexico for transport, though they represent only 1.27% of green bond funds in the country as of January 2021. Examples include two green bonds issued by the Mexico City local government and five sustainable bonds issued by BANOBRAS between 2018 and 2020.
Cite the original document
- APA
- Climate Bonds Initiative (2021). Financiando el transporte sustentable para México. https://www.climatebonds.net/files/documents/publications/Financiando-el-transporte-sustentable-en-M%C3%A9xico_2025-02-17-163037_mbpq.pdf
- Chicago
- Climate Bonds Initiative. Financiando el transporte sustentable para México. 2021. https://www.climatebonds.net/files/documents/publications/Financiando-el-transporte-sustentable-en-M%C3%A9xico_2025-02-17-163037_mbpq.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Financiando el transporte sustentable para México |date=February 2021 |url=https://www.climatebonds.net/files/documents/publications/Financiando-el-transporte-sustentable-en-M%C3%A9xico_2025-02-17-163037_mbpq.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{climatebondsinitiative2021financiando, author = {{Climate Bonds Initiative}}, title = {{Financiando el transporte sustentable para México}}, institution = {Climate Bonds Initiative}, year = {2021}, month = feb, url = {https://www.climatebonds.net/files/documents/publications/Financiando-el-transporte-sustentable-en-M%C3%A9xico_2025-02-17-163037_mbpq.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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